Costa Med Consulting

This is now more popular than ever, as the interest in Spain increases daily both for tourism and investment, due to the unsettled areas around the rest of the world. Property prices are starting to go up so do not delay if you have finances in place and take advantage of some of the few bargains that are still to be had.

As an independent advisor we recommend that you to always use a registered Estate Agent in the area and not one of the many that still work out of the “boot of their car”.

In the case you have found a property privately please do not hesitate to contact us for advice – it is better to be safe than sorry. Spain has a good system but appears complicated when you do not know the language or your way around the Spanish authorities and offices.

Do not forget that to the property price you have been quoted you always need to add different expenses. For example VAT or transfer tax, depending on whether the property is new or resale different fees are applicable and also the Plusvalia tax. Always find out what the different amounts are so that you know the total cost of your purchase

The conveyancing cost is very low compared to your investment and if the property has not been checked properly for debts etc it can become a very expensive experience for you.